Vinyl Is Making a Comeback

Meanwhile, data from the U.S.'s Recording Industry Association of America (RIAA) shows total LP and EP revenues in the US have risen from $88.9 million in 2010 to $429.7 million in 2016.

Sony is to start making vinyl records again after a thirty-year break with the format. Although Sony didn't specify the genre of records it would manufacture, AFP says the releases will include older, popular Japanese songs, as well as contemporary music.

The news follows Sony Music's installation of a cutting lathe in its studio earlier this year.

But despite the current popularity of digital music services like Spotify, old school records are enjoying a renaissance.

Sony Music Entertainment Japan said a new record pressing machine would be introduced to one of its factories outside Tokyo, with the aim of starting production by March next year.

Since 2010, sales of vinyls have grown nearly eight-fold from 105,000 to 799,000 in 2016, according to the Recording Industry Association of Japan. If stored correctly, vinyl records could potentially last for centuries. It still hasn't yet decided which genres of music it will produce, according to the spokeswoman. Although the records will mostly be sold in Japan, the decision is indicative of vinyl's stunning return to prominence.

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The company is searching for retired record engineers to advise its new record-making venture, according to Nikkei.

Official figures showed vinyl sales were worth £2.4 million in the United Kingdom, compared to the $2.1m amassed from digital downloads.

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